This paper estimates the rate of discount to be used in Chile when evaluating long run projects with environmental consequences. The methodology is known as Gamma Discounting and was presented first by Martin Weitzman in the American Economic Review in March 2001.
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Paper provided by Instituto de Economía. Pontificia Universidad Católica de Chile. in its series Documentos de Trabajo with number
231.
Length: Date of creation: 2002 Date of revision: Publication status: Published as "La Tasa de Descuento en Proyectos de Inversión de Largo Plazo", Revista de Análisis Económico, Volumen 17, N° 2, Diciembre 2002. Handle: RePEc:ioe:doctra:231
Find related papers by JEL classification: H43 - Public Economics - - Publicly Provided Goods - - - Project Evaluation; Social Discount Rate
References listed on IDEAS Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
Martin L. Weitzman, 2001.
"Gamma Discounting,"
American Economic Review,
American Economic Association, vol. 91(1), pages 260-271, March.
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